THE PRIME MINISTER
Decision No. 22/2015/QD-TTg dated 22 June 2015 of the Prime Minister on transformation of public non-business units into Joint Stock Companies
Pursuant to the Law on Government Organization dated 25 December 2001;
Pursuant to the Enterprise Law dated 26 November 2014;
Pursuant to the Securities Law dated 29 June 2006 and the Law amending and supplementing some articles of the Securities Law dated 24 November 2010;
Pursuant to the Investment Law dated 26 November 2014;
Pursuant to the Law on Management and Use of State Capital Invested in Production and Business at Units dated 26 November 2014;
Pursuant to the Decree No. 59/2011/ND-CP dated 18 July 2011 of the Government on transforming units with 100% state capital into joint-stock companies; Decree No. 189/2013/ND-CP dated 20 November 2013 of the Government amending and supplementing some articles of Decree No. 59/2011/ND-CP dated 18 July 2011 of the Government on transformation of units with 100% state capital into joint-stock companies;
Pursuant to Resolution No. 101/NQ-CP dated 31 December 2014 of the Government on the Government's regular meeting in December 2014;
At the request of the Minister of Finance,
The Prime Minister issued the Decision on transformation of public non-business units with 100% state capital into joint-stock companies.
Chapter I
GENERAL PROVISIONS
Article 1. Scope of regulation and subjects of application
1. Scope of regulation
a) This Decision provides for the transformation of public non-business units under the management of the Ministries, ministerial organs, governmental organs, People’s Committee of provinces and centrally-run cities, economic group and state-owned corporation into joint-stock companies (hereafter referred to as public non-business units).
b) Where the economic group and state-owned corporations upon equitization, take over the public non-public units, then the transformation of such units into the joint-stock companies shall comply with the provisions in Decree No. 59/2011/ND-CP and Decree No. 189/2013/ND-CP of the Government.
2. Subjects of application
The public non-public units under the management of Ministries, ministerial organs, governmental organ, People’s Committee of provinces and centrally-run cities, economic groups and state corporation are eligible for the provisions in Clause 1, Article 2 of this Decision.
For public non-public units operating the field of health, education and training, promote the activity as per democratic mechanism towards comprehensive autonomy and accounting as enterprises. The association and cooperation are encouraged on the basis of keeping the assets intact and purpose of public services supply. Pilot the management and facility hiring and equitization on the principle of ensuring the continued public services supply with better quality.
